Trading

XTX Markets rides volatility to record European client volumes

Algorithmic trading firm sees boost from Trump-fuelled market swings

XTX founder Alex Gerko is on the up again
XTX founder Alex Gerko is on the up again

XTX Markets’ European equities client business rode elevated volatility to record volumes in April, bolstering the algorithmic trading firm’s place among the world’s biggest financial market players.

The unit, known as a systematic internaliser, recorded its highest-ever average daily trading volume last month, according to figures seen by Financial News.

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